# PPP loan: HOPEWEST
> **$4.44M** approved 04/03/2020 · Paid in Full · Loan `4478127003`
## Borrower
- **Name:** HOPEWEST
- **Address:** 3090 N 12th St Unit B, GRAND JUNCTION, CO, 81506-2804
- **NAICS:** 621610
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.44M
- **Initial approval:** $4.44M
- **Forgiven:** $4.50M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.33M
- **Rent:** $1.11M
- **Jobs reported:** 250
## Lender
- **Originating:** Timberline Bank
- **Servicing:** Timberline Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*